Financial Result for the half year and year ended 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Earthstahl & Alloys reported a net loss of Rs 489.81 Lacs for FY26, a sharp reversal from a net profit of Rs 53.37 Lacs in FY25. Total income fell to Rs 6,231.65 Lacs from Rs 7,277.45 Lacs, representing a revenue decline of approximately 14.8%. The company reported a loss before tax of Rs 656.77 Lacs versus a profit of Rs 75.22 Lacs previously. Operating cash flow was positive at Rs 448.49 Lacs. The auditor issued an unmodified (clean) opinion. Due to adverse market conditions, the company has been operating only one of its two submerged arc furnaces from 1st November 2025. The balance sheet shows total equity of Rs 3,255.20 Lacs and total assets of Rs 5,727.96 Lacs.
The company swung from profit to a significant loss due to reduced operational capacity and lower revenue. Despite positive operating cashflow, the negative bottom line and ongoing market headwinds signal stress for shareholders.